Press Release

Global Bio-decontamination Equipment Market is Expected to Reach 156.7 million USD by 2025

Date : Dec 17, 2018

The Bio-decontamination Equipment industry was 101.7 million USD in 2017 and is projected to reach USD 156.7 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 5.56% between 2017 and 2025. The market is driven by various end-user industries, such as Pharmaceutical Manufacturing, Bioscience Research and Hospital & Healthcare.

The industry is concentration, the key brand includes STERIS Life Science, Bioquell, Fedegari Group, TOMI Environmental Solutions, JCE Biotechnology, Howorth Air Technology, Tailin BioEngineering, Weike Biological Laboratory and Noxilizer are the leaders.

The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.

The Global Bio-decontamination Equipment Market Research Report 2018 report released by Global QYResearch provides a basic overview of the Bio-decontamination Equipment industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Bio-decontamination Equipment industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

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